The average Florida home value doubled in six years. Tampa and Miami tied for having the third-fastest price doubling among large U.S. cities.
With mortgage rates hovering in the 6% to 7% range, many new buyers are looking for creative ways to save money. Temporary buydowns may be the answer.
If inflation continues, long-anticipated interest rate cuts may not happen this year, the Federal Reserve chair said. Interest rates influence mortgage rates.
Data from Niche shows counties in northern Florida and the Panhandle lead the state in affordability related to cost of living.
New home construction starts fell 14.7% in March and overall permits are down by 4.3%. Headwinds will likely persist through April, analysts said.
A U.S. District Court judge ruled against Florida’s Department of Environmental Protection’s attempt to retain authority over wetland permitting
Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.
